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the demand function for a good is given by qd 100 001i - 5p 3p1 where i is the average household income and p1 is
another common use of cubic function is in the advertising industry the volume of sales of some products like
a competitive firm has the short-run production function given by q 4l2 - 008l3 assume the firms fixed cost is 15000
all firms in a competitive market have the following total cost function tc 05q3- 125q2 125q 3200 the market demand
a noncompetitive firm with the total cost function tc 04q3- 75q2 85q 300 has the following demand function for its
a noncompetitive firm with the cost function tc 3 q- 12q2 185q 400 is facing the following demand function for its
all firms in a competitive market have the following total cost function tc 05q2 4q 120 the market demand and supply
the always fresh grocery store carries a particular brand of coffee with following characteristicssales 3000 cases per
a hotel in a major metropolitan area has 1500 rooms the hotel management knows from the past experience that a room
1 assuming all firm in the industry have the same total cost function given in the previous exercise find the long-run
a firm operating in a competitive market has the following total cost function tc 25q3- 355q2 2105q 320find the
the maintenance cost of capital equipment-machineries tools and buildings- increases as they get older assume the
consider a firm with the total cost function tc 000025q3- 010q2 20q 4000a what is the firms average cost of
assume all firms operating in a competitive market have the following total cost function tc 2q2- 8q 60a what is
a firm has a quadratic total cost function given by tc 6q2- 12q 80a specify the bounds of output and price for
a competitive firm has the following quadratic cost function tc aq2 bq 100 determine a and b if the following two
suppose the market demand function is qd 8i - 9p1 - 05p2 where i is income in 1000 and p1 is price of a related gooda
assume the following nonlinear demand function qd 100 - 2 radic p a at what price is the price elasticity
suppose the market supply function is qs 12p2 - 05pe - 10pl where pe and pl are price of energy and labor
suppose the market demand function is qd 5i 10p1 - 04p2 where i is income in 1000 and p1 is price of a related
determine the price elasticity of demand at prices 5 6 and 8 for qd 600 - 2p2 at what price is demand unit
suppose the market supply function is qs -500 50p where p gt 10a determine the price
a firm operating in a competitive market has the following production function q 10l - l2 if the firms output sells
a firm in a non-competitive market has the total cost function tc 3 q- 6q2 50q 45 the demand function for this firms
a firm operating in a competitive market has the following long run total cost function tc q3- 24q2 200q find the long